21 Jun 2017

Air Lease Corporation Announces First New Airbus A321-200neo delivery to WOW air

LOS ANGELES, June 21, 2017 – Air Lease Corporation (NYSE: AL) announced today the delivery of its first new Airbus A321-200neo on long-term leases to WOW air (Iceland).  Meanwhile, the aircraft made its Paris flying-display debut to the media and airline industry at this year’s International Paris Air Show.  The largest member of Airbus’ re-engined A320neo family, the A321neo made its first flight in February 2016. The lessor has delivered four A321-200 CEOs and one A320-200neo to the airline since May 2016, with one additional A321-200neo aircraft scheduled to deliver in Q1 2018. “ALC is very pleased to announce our first A321neo delivery with WOW air, which[...]

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21 Jun 2017

Boeing, Air Lease Corporation Announce Memorandum of Understanding for 12 737 MAXs

SOURCE: Boeing LE BOURGET, France, June 21, 2017 – Boeing (NYSE: BA) and Air Lease Corporation (NYSE: AL) announced a Memorandum of Understanding (MOU) for 12 737 MAXs at the Paris Air Show. The MOU includes five 737 MAX 7s and seven 737 MAX 8s. The agreement will be reflected on the Boeing Orders and Deliveries website once finalized. "With these additional 12 units, ALC's growing 737 MAX order book now stands at 130 aircraft - and we are placing them rapidly,” said John L. Plueger, Chief Executive Officer and President, Air Lease Corporation. “Clearly the 737 MAX family is a winner for us and for our airline customers." ALC was one of the first leasing[...]

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20 Jun 2017

Air Lease Corporation expands CFM LEAP-1A fleet with $725 million order

SOURCE: CFM International LE BOURGET, France —20 June 2017 — Air Lease Corporation (NYSE: AL) today announced that it has selected CFM International’s advanced LEAP-1A engine to power 25 additional Airbus A320neo family aircraft.  CFM values the order at $725 million U.S. at list price.  The engines are for option aircraft previously announced and are scheduled for delivery between 2019 and 2022. “We have been very impressed by what we have seen the LEAP-1A engine do in airline service,” said Steven F. Udvar-Házy, Air Lease Corporation Executive Chairman. “The fuel efficiency, high asset utilization, and world-class support are going to[...]

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19 Jun 2017

Air Lease Corporation Announces the Lease Placement of Six New Boeing 737 MAX 8 and Six 737-800 Aircraft with Blue Air

LOS ANGELES, June 20, 2017 -- Today Air Lease Corporation (NYSE:AL) announced the placement of six (6) new Boeing 737 MAX 8 and six (6) used 737-800 aircraft on long-term leases to Blue Air (Romania). The 737-800 aircraft, which ALC acquired from Pegasus Airlines, began delivering in May 2017 and will continue through Q4 2017. The new 737 MAX 8 aircraft are scheduled for delivery between mid-2019 and Q1 2021, from ALC’s order book with Boeing.
“We are pleased to announce this strategic lease placement with Blue Air, a new customer for ALC. We look forward to a successful long term relationship with Blue Air as it continues to modernize its fleet in order to offer superior[...]

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19 Jun 2017

ALC inks order for 12 additional A321neo aircraft

SOURCE: Airbus Paris, 19 June 2017 - Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company has signed a firm order for 12 additional A321neo aircraft at the 52nd Paris International Airshow.
The incremental order takes the number of aircraft which ALC has taken delivery of or ordered from Airbus to 279, of which 70 are widebodies and 209 single-aisles. “The market for A321neos is strong and our customers want more aircraft. This latest order for additional NEOs will fill our customer placement commitments,” said John L. Plueger, Air Lease Corporation’s CEO and President. “The A321neo is delivering substantial fuel burn[...]

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06 Jun 2017

Air Lease Corporation Announces Pricing of Public Offering of $600 Million of 2.625% Unsecured Senior Notes due 2022

LOS ANGELES, California, June 6, 2017 — Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on June 5, 2017 of its public offering of $600 million aggregate principal amount of 2.625% unsecured senior notes due 2022 (the “Notes”). The Notes were offered to the public at a price of 99.553% of their face amount. The sale of the Notes is expected to close on June 12, 2017, subject to satisfaction of customary closing conditions. The Notes will mature on July 1, 2022 and will bear interest at a rate of 2.625% per annum, payable semi-annually in arrears on January 1 and July 1 of each year, commencing on January 1, 2018. The Company intends to use the[...]

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19 May 2017

Air Lease Corporation Announces 2017 Investor Meeting Webcast

LOS ANGELES, May 19, 2017 -- Air Lease Corporation announced that its annual Investor Meeting will be available via webcast, beginning at 4:30pm Eastern Time on May 24, 2017. The meeting will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Alternatively, virtual attendees may access the webcast directly via this link: https://www.webcaster4.com/Webcast/Page/359/21188 Please visit the website at least 15 minutes prior to the webcast to download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease Corporation website. About Air[...]

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11 May 2017

Air Lease Corporation Announces the Lease Placement of Eight New Boeing 737 MAX 9 Aircraft with Primera Air Nordic

LOS ANGELES, California, May 11, 2017 — Today Air Lease Corporation (NYSE: AL) announced the long term lease placement of eight new Boeing 737 MAX 9 aircraft with Primera Air Nordic (Latvia). The aircraft are outfitted with CFM LEAP 1B engines and are scheduled to deliver from ALC’s order book with Boeing beginning May 2019 and continuing through May 2020. “We are pleased to announce ALC’s lease placement of eight 737 MAX 9 with Primera Air Nordic, a new customer for ALC. Primera will use these eight aircraft as part of its plan to serve new routes which have not previously had such service,” said Grant Levy, Air Lease Corporation’s Executive Vice President.[...]

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04 May 2017

Thunderbolt Aircraft Lease Limited and Thunderbolt Aircraft Lease US LLC closes $344,700,000 Aircraft Notes Offering

LOS ANGELES, May 04, 2017 -- Air Lease Corporation announced today that Thunderbolt Aircraft Lease Limited (“Thunderbolt Cayman”) and Thunderbolt Aircraft Lease US LLC (“Thunderbolt US” and collectively, the "Issuers") have closed a $344,700,000 Fixed Rate Notes offering, comprised of US$253,400,000 of 4.212% Series 2017 A Fixed Rate Notes ("Series A Notes"), US$69,300,000 of 5.750% Series 2017 B Fixed Rate Notes ("Series B Notes") and US$22,000,000 of 4.500% Series 2017 C Fixed Rate Notes ("Series C Notes" and together with the Series A Notes and Series B Notes, the “Notes”). The Issuers also offered Series E Notes (“Series E Notes”) representing the equity[...]

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04 May 2017

Air Lease Corporation Announces First Quarter 2017 Results

Los Angeles, California, May 4, 2017 — Air Lease Corporation (ALC) (NYSE: AL) announced quarterly financial results for the three months ended March 31, 2017. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.

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03 May 2017

Air Lease Corporation Increases Unsecured Revolving Credit Facility to $3.7 Billion

LOS ANGELES, May 3, 2017 – On May 2, 2017, Air Lease Corporation (the “Company”) amended and extended its unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent and the lenders named therein (as amended, the “Syndicated Unsecured Revolving Credit Facility”) whereby the Company extended the maturity date of the substantial majority of the revolving commitments from May 5, 2020 to May 5, 2021 and increased total revolving commitments to $3.7 billion from $3.5 billion, across 43 financial institutions. The Syndicated Unsecured Revolving Credit Facility remains priced at LIBOR plus 105 basis points with a 20 basis point facility fee, each[...]

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19 Apr 2017

Air Lease Corporation Announces Lease Placement of New Boeing 787-9 Dreamliner with LOT Polish Airlines

LOS ANGELES, California, April 19, 2017 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with LOT (Poland) for a new Boeing 787-9 aircraft with Rolls Royce Trent 1000 engines. The aircraft is from ALC’s order book with Boeing and will deliver in the second quarter of 2018. “We are very pleased to announce this new 787-9 lease placement with LOT. In addition to the six new 737 MAX 8s ALC placed with LOT last year (first delivery November 2017), the Dreamliner offers new efficiencies and an enhanced passenger experience that will better serve their growing route networks,” said Alex Khatibi, Air Lease Corporation’s Executive Vice[...]

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18 Apr 2017

Air Lease Corporation Announces the Lease Placement of Two New Boeing 737 MAX 8 Aircraft with MIAT Mongolian Airlines

LOS ANGELES, California, April 18, 2017 — Today Air Lease Corporation (NYSE: AL) announced the long term lease placement of two new Boeing 737 MAX 8 aircraft with MIAT Mongolian Airlines. The aircraft are scheduled to deliver from ALC’s order book with Boeing in late 2019 and early 2020. “We are very pleased to announce these new 737 MAX 8 lease placements with MIAT. These aircraft are key additions to MIAT’s fleet as they continue to expand their route network in the region,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia. “These two new 737 MAX 8 aircraft will help serve our mission to connect Mongolia with the[...]

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05 Apr 2017

Air Lease Corporation Announces First Quarter 2017 Earnings Conference Call

LOS ANGELES, April 5, 2017 -- Air Lease Corporation (NYSE: AL)will host a conference call on May 4, 2017 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2017. Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 1622593. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the[...]

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04 Apr 2017

Air Lease Corporation Activity Update for the First Quarter of 2017

LOS ANGELES, California, April 4, 2017 — Today Air Lease Corporation (NYSE: AL; “ALC”) announced an update on activity taking place in the first quarter of 2017:Business highlights:At the end of the first quarter of 2017, ALC’s fleet was comprised of 243 owned aircraft and 31 managed aircraftAs scheduled, delivered 11 new aircraft including 6 Boeing 737-800s, 2 Boeing 777-300ERs, 1 Boeing 787-9 and 2 Airbus A320neosConcluded the sale of the remaining 5 Embraer aircraft to Nordic Aviation CapitalFinancing updates:On March 8th, closed the sale of $500 million 3.625% unsecured senior notes due 2027About Air Lease Corporation (NYSE: AL) ALC is a[...]

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Investors

Depalma Maryliz 004

Mary Liz DePalma

Director of Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com

Media

Stjohn Laura 018 Lorez

Laura Woeste

Manager, Media and Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lwoeste@airleasecorp.com